SHARED OWNERSHIP
Heron Place - Duplex
(Share Price (25%) - £143,750
Full Value Price £575,000
SHARED OWNERSHIP
Heron Place - Duplex
(Share Price (25%) - £143,750
Full Value Price £575,000
Heron Place is a two-bedroom apartment property located on the ground and first floor in a four storeys block, built around 2010. The lease remaining on the property is 113 years.
There are good transport links with Pontoon Dock DLR station 0.1 miles away, served by DLR linking to Canary Wharf in 20 minutes. Local buses serve the area and the night buses links to Victoria.
Local amenities are located 0.1 miles away in the same building. For leisure and enjoyment, Beckton shopping centre is within 3.1 miles.
- Nearest Station: Pontoon Dock DLR station (Zone 3) - DLR
- Bus Routes Nearby: 474, 473
- Entrance: Hallway with under stair storage cupboard and entry phone system.
- Living room: Spacious lounge with lots of natural light. Laminate wood flooring.
- Open plan kitchen: Beige wall units with beige worktop and plinth back splash. Freestanding appliances in very good condition. Tiled flooring.
- Bedroom one: Double bedroom. Carpeted flooring
- Bedroom two: Double bedroom. Carpeted flooring
- Bathroom: Cream suite comprising panelled bath with shower head, WC and hand washbasin. Tiled flooring.
- Outside: Large private balcony, parking space, secure cycle storage and communal garden.
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Financial information
- Tenure: Leasehold
- Remaining lease term: 113 Years
- Annual service charge amount: £2,905.20
- Service charge review period: 1st April annually
- Council tax band: Band C
Financials*
Full Value
£575,000
Share Price
£143,750
Share Value
25%
Monthly Cost
£1,714
Monthly Mortgage
£745
Monthly Rent
£727
Monthly Service Charge
£242
Minimum Household Income
£63,800
Maximum Household Income
£90,000
Deposit Required
£14,375
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Heron Place, 4 Bramwell Way, London, Newham, E16 2FJ Open in Google Maps